M&A Deal Summary

Elation Health Acquires Lightning MD

On February 16, 2023, Elation Health acquired internet software and services company Lightning MD

Acquisition Highlights
  • This is Elation Health’s 1st transaction in the Internet Software and Services sector.
  • This is Elation Health’s 1st transaction in the United States.
  • This is Elation Health’s 1st transaction in California.

M&A Deal Summary

Date 2023-02-16
Target Lightning MD
Sector Internet Software and Services
Buyer(s) Elation Health
Deal Type Add-on Acquisition

Target

Lightning MD

Palm Desert, California, United States
Lightning MD is a provider of cloud-based medical billing and payer connectivity platform focused on user experience for independent medical practices. Lightning MD was founded in 2017 and is based in Palm Desert, California.

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Buyer(S) 1

Buyer

Elation Health

San Francisco, California, United States

Category Company
Founded 2010
Sector Healthcare Services
DESCRIPTION

Elation Health is a clinical-first technology platform built on a collaborative EHR. It helps primary care organizations grow and deliver quality, personalized patient care. Elation Health was founded in 2010 and is based in San Francisco, California.


DEAL STATS #
Overall 1 of 1
Sector: Internet Software and Services M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
State: California M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2023 M&A 1 of 1